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Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

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Diamonds and Dogs

12/19/17

Navistar (NAV) roaring like a lion. The truck and bus maker's stock is up 9% to new highs following blow out earnings. Navistar reported $135 million net income or $1.36 beating estimates of 67 cents a share. Revenue rose 26% to $2.60 billion, beating consensus of $2.30 billion, boosted by 31% growth in Class 6-8 trucks and buses in the U.S. and Canada. Management is saying 2018 is shaping up to be one of the strongest industry years this decade. Good news heading into year-end.

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